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WHAT MOVED THE MARKET TODAY

Nasdaq-100

102 stocks · cap-weighted, ETF-derived weights · Jul 2, 2026 close
29,329.21
−1,331.39 (−4.34%)
NASDAQ 100 29,329.21 · −1,331.4 pts (−4.34%) 1M
30,98130,32229,66429,00528,346EW −0.84%H 30,661 · Jun 2L 28,508 · Jun 10
Jun 2Jun 9Jun 17Jun 25Jul 2
Breadth
53 / 102
stocks fell with the index
Concentration
100%+
of the decline from NVDA, AVGO, MU
Biggest driver
NVDA −545
NVIDIA Corporation, −12.46%
Biggest offset
AAPL +182
Apple Inc., −2.08%

What drove it

102 members · detractors first · 1M · residual 80.8bp exceeds 80bp gate

The NASDAQ 100 fell 4.34% (−1,331 pts) on the month, but 49 of 102 members went the other way. NVDA and AVGO dragged the tape lower, contributing more than the entire move.

+967.9 pts from 58 gainers2,883.9 pts from 44 losers
net −1,331.4 pts · losers outweigh gainers 3.0 to 1
Stock
Points
Return
NASDAQ 100sum of all 102 stocks
−1,331.4
100%
−4.34%
NVDANVIDIA Corporation
−545.2
41%
−12.46%
AVGOBroadcom Inc.
−530.8
40%
−25.03%
MUMicron Technology, Inc.
−380.6
29%
−8.32%
AMDAdvanced Micro Devices, Inc.
−134.6
10%
−0.71%
LRCXLam Research Corporation
−107.2
8%
+5.16%
ARMArm Holdings plc American Depositary Shares
−106.5
8%
−21.71%
ASMLASML Holding N.V. New York Registry Shares
−99.5
7%
+3.75%
SNDKSandisk Corporation
−91.7
7%
+1.67%
MRVLMarvell Technology, Inc.
−86.4
6%
−15.65%
QCOMQUALCOMM Incorporated
−65.2
5%
−26.54%
INTCIntel Corporation
−65.2
5%
+11.51%
KLACKLA Corporation
−63.1
5%
+15.17%
AMATApplied Materials, Inc.
−57.1
4%
+23.06%
WMTWalmart Inc.
−56.3
4%
−1.08%
CSCOCisco Systems, Inc.
−55.3
4%
−11.96%
72 othersclick to expand the full index
−167.6
13%
·
DASHDoorDash, Inc.
+15.3
−1%
+22.34%
PLTRPalantir Technologies Inc.
+16.0
−1%
−15.03%
BKNGBooking Holdings Inc.
+18.4
−1%
+10.66%
AMGNAmgen Inc.
+19.9
−1%
+13.98%
PEPPepsiCo, Inc.
+20.6
−2%
+2.62%
APPApplovin Corporation
+20.9
−2%
−12.97%
VRTXVertex Pharmaceuticals Incorporated
+22.9
−2%
+24.22%
SHOPShopify Inc.
+24.4
−2%
+2.09%
LINLinde plc Ordinary Shares
+28.6
−2%
+10.58%
AMZNAmazon.com, Inc.
+31.5
−2%
−5.40%
GOOGLAlphabet Inc.
+43.2
−3%
−0.48%
PANWPalo Alto Networks, Inc.
+52.0
−4%
+17.12%
GOOGAlphabet Inc.
+56.9
−4%
−0.56%
METAMeta Platforms, Inc.
+143.8
−11%
−2.38%
AAPLApple Inc.
+181.8
−14%
−2.08%
Cap weighting, illustrated

NVIDIA Corporation and Intuit Inc. moved almost identically (−12.46% vs −14.52%), yet NVDA moved the NASDAQ 100 1,213.7× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the −1,331 pt move · cell size = points contributed · color = direction, intensity = return
NVDA−545.2
AVGO−530.8
MU−380.6
AAPL+181.8
META+143.8
AMD−134.6
LRCX−107.2
ARM−106.5
ASML−99.5
SNDK−91.7
MRVL−86.4
QCOM−65.2
INTC−65.2
KLAC−63.1
AMAT−57.1
WMT−56.3
CSCO
PANW
STX
WDC
TSLA−43.0
ADI−37.7
LIN
LITE
SHOP
TER
VRTX
TXN
MPWR
APP
PEP
AMGN
PLTR
DASH
ADP
NFLX
ALAB
FTNT

Concentration curve

cumulative share of the −1,331 pt move · sorted by contribution
0%50%100%265177102stocks:3 stocks = 109%100% covered at 3

When they drove it

cumulative points through the period
0NVDA −545AVGO −531MU −381AAPL +182Jun 2Jul 2

Breadth

member returns, this period
−40%−20%0%+20%
From −31.46% (CRWV) to +24.22% (VRTX). Equal-weight, the NASDAQ 100 would be −0.84% vs the actual −4.34%; the gap is what cap weighting did.

By sector

point contribution · sums to −1,331 pts
-88
−1,692.9
Unknown14
−223.2

The year, session by session

every trading day of 2026 · hover for the move; day pages come next
JANFEBMARAPRMAYJUNJUL

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